# Question 61 Chapter 7 -Unimax Publication Class 12 Part 2 – 2021

Question No -61 Chapter no - 7 Unimax Class - 12 Part -II

Question 61 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

61. From the information given below, calculate (1) Gross profit ratio, (2) Working capital turnover ratio, (3) Debt-Equity ratio, (4) Proprietary ratio.

 Particulars ₹ Net sales 5,00,000 Cost of goods sold 3,00,000 Current assets 2,00,000 Current liabilities 1,40,000 Paid up share capital 2,50,000 13% debentures 1,10,000

## The solution of Question 61 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

 (I) G.P = Net sales – C.O.G.S = 5,00,000 – 3,00,000 = ₹2,00,000
 G.P. Ratio = G.P. X 100 Net Sales
 = 2,00,000 X 100 5,00,000 = 40% Ans.
 (ii) working capital = current assets – current liabilities = 2,00,000 -1,40,000 = ₹ 60,000
 Working capital turnover ratio = Net sales Average W.C
 = 5,00,000 60,000 = 8.33 times Ans.
 (iii) Debt – Equity Ratio = Long Term debts Shareholder’ s Fund

 = 1,10,000 2,50,000 = 0.44 Ans.
 (iv) Total assets = Total liabilities Total assets = 1,40,000 + 2,50,000 + 1,10,000 = 5,00,000
 Proprietory Ratio = Shareholder’ s Fund x 100 Total assets
 = 2,50,000 x 100 5,00,000 = 50 % Ans.

Comment if you have any Doubts.

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